Making this list is a testament to the hard work our team has put forward over the past several years in establishing secure asset tracking and computer theft recovery as a new product category for computer security. Our current objective is to more than double our number of subscribers in less than two years, and we believe that we have the right people, product suite, operational platform and distribution partners to achieve that goal and remain one of Canada's fastest growing companies.
More Quotes from John Livingston:
Fiscal 2005 saw Absolute achieve significant milestones toward establishing our company as the standard for Computer Theft Recovery and Secure Asset Tracking. We reached an agreement with IBMLenovo to embed our software in the BIOS of all new ThinkPad laptops, we began enforcing our intellectual property resulting in several competitors choosing to either license our patents or resell our software, we announced an agreement with LoJack to brand our consumer offering under the well-known LoJack name, and we continued to expand our sales and marketing relationships with key OEMs.John Livingston
Computer loss and theft represents a huge security risk to both individuals and corporations. A single 1,000 laptop may hold credit card numbers, private client information and years of accumulated knowledge that could cost an organization millions of dollars in business and lawsuits.
John Livingston
From a financial perspective, fiscal 2005 milestones include record sales contracts in the fourth quarter and fiscal year, positive cash from operations in all four quarters, strengthening of our balance sheet following a 5.5 million private placement, and a promising sales pipeline in each of our key target markets - education, corporate and consumer. As a result, we are well positioned to continue our sales growth and cash positive trends into fiscal 2006.
John Livingston
The food that we are sending out for the disaster response is food that we would normally distribute here to the food shelves and people of Minnesota, ... We're hoping that people in the state will step up and help us replenish those supplies.
John Livingston
We've identified the Embedded strategy as one of our foremost growth drivers. To date we have signed up HP, Lenovo and Gateway as partners and we continue to work with other computer manufacturers to adopt our BIOS initiative.
John Livingston
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